Alden Park Apartments, an almost 100-year old apartment community in Philadelphia which has recently completed a $70+ million historic renovation, has been awarded the 2018 Best in American Living™ Award (BALA) by the National Association of Home Builders. In addition, Alden Park has been selected as a finalist for the NAHB 2018 Pillars of The Industry Award, as the best reposition of a multi-family asset. Both awards will be presented during the NAHB International Builders’ Show on February 20, 2019 in Las Vegas, Nevada.
Alden Park has previously been awarded 2018 Grand Jury Award by the Preservation Alliance for Greater Philadelphia, in recognition of its excellence and dedication to historic preservation. That award was presented at the Alliance’s annual dinner on June 6, 2018.
Alden Park is a collection of seven high-rise apartment buildings set on a verdant 37-acre site bordering Fairmount Park in Northwest Philadelphia. The Renaissance Revival-style towers were designed by architect Edwyn Rorke of Kenneth M. DeVos & Company, and developed in three phases between 1923 and 1928, initially by Chicago-based developer C.C. Mitchel and completed by another Chicagoan, Lawrence E. Jones.
When first built, Alden Park symbolized the explosion in apartment construction in American cities beginning in the 1920’s. In Philadelphia, the development was particularly significant in that it provided a new type of cooperative multi-family housing for well-off residents in a city that was largely characterized by single-family home ownership. In order to attract the upper-middle class tenants that were desired, Alden Park’s developers chose a verdant hill-top location in the suburban-like setting of Northwest Philadelphia, providing lush gardens, tennis courts, a swimming pool, and other ameni`ties desired by tenants leaving the crowded downtown.
Reflecting its significant and unique architecture, Alden was placed on the National Register of Historic Places in 1980 and on the Philadelphia Register of Historic Places in 1981.
Alden’s historic renovation initiated by L3C Capital Partners and its Briarwood Construction subsidiary in 2015, sought to restore grandeur to Alden, once again offering its residents the finest in luxury apartment living and amenities. The site today offers residential units with luxury finishes including all new kitchens with granite countertops, stainless steel appliances, and faux wood flooring, as well as updated amenities including an indoor and outdoor pool, multiple clubrooms, 2 fitness centers, dog park, outdoor grilling kitchens, multiple sundecks and gardens, and a Peloton spin studio.
Now in its 35th year, BALA recognizes outstanding achievement by builders and design professionals in all sectors of the residential housing industry including single-family production, custom, multifamily, affordable, remodeling, community and interiors. BALA is built on the principle that all great homes start with great design, no matter cost or size.